Allocaterite, Inc. (New York)

Name: Allocaterite, Inc.
Address: 1330 Avenue Of Americas, 6 Th Floor, New York, NY, 10019
Telephone: 212-995-9191

Allocaterite, Inc. is a mid-sized advisory firm based in New York. It manages $29 million of regulatory assets for 2 client accounts. It has been registered with the SEC as an adviser since 2018.

Allocaterite provides computer generated algorithmic model providing investment advisory services in the form of signals to 3rd pty invest. advisors/m. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Allocaterite: assets under management

The assets under management (AUM) of Allocaterite, Inc. is $29 million. The firm's AUM has gone down by -15% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

Investments

The firm invests in exchange traded securities the most. They account for 100% of the total AUM.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Allocaterite, Inc. for their services and products based on fixed fees. Flat-fee based compensation is the most transparent and the one you can safely predict in advance. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Allocaterite serves?

The only and largest group of clients of Allocaterite is other investment advisers with 2 clients and $29 million of assets under management. Among the 3 most similar advisory firms, Allocaterite has the highest percentage of other investment advisers out of all clients.

The amount of regulatory assets under management is $29 million for 2 clients. None of the firm’s clients are foreign persons or businesses.

Allocaterite doesn't advise any private funds.

Careers at Allocaterite, Inc.

The company employs 8 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.

There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Balkrishna Shagrithaya joined the executive team most recently as the Chief Executive And Chief Compliance Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Abbas Ali Shah	Chief technology officer	1 Jun 2016	Other	2203797
Bala Shagrithaya	Chief executive officer	1 Jun 2016	25% - 50%	6765132
John Joseph Rebuth	Chief compliance officer	1 Jun 2016	Other	1858762
Junnat Ali	Shareholder	1 Feb 2017	25% - 50%	6765133
Jonathan Shah	Shareholder	1 Feb 2017	Other	6765136
Jas Trust	Shareholder	1 Jun 2018	Other	36-7729331
John Joseph Rebuth	Chief risk officer	1 Oct 2018	Other	1858762
Balkrishna Shagrithaya	Chief executive and chief compliance officer	1 Jan 2019	25% - 50%	6765132

Indirect Owners

The SEC currently registers 1 indirect owner.

Name	Entity	Date acquired	Ownership	Employer ID
Abbas Ali Shah	Trustee	1 Jun 2018	Other	2203797

Based in New York

The principal office where Allocaterite, Inc. performs its advisory services is located at 1330 Avenue Of Americas, 6 Th Floor, New York, NY 10019, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 212-995-9191. The normal business hours are 8:00am - 6:00pm est on Monday - Friday. You can find more information about the New York firm at allocaterite.com and its LinkedIn profile.